Asking Price £100,000

for sale in Blackburn Avenue, Bridlington, YO15 (ref: 593749)

Shortlist

Key Features

  • Block Of Flats
  • Investment Potential
  • Gas Central Heating
  • In Need of Renovation
  • Town Location
  • No Chain
  • Viewing Recommended
Block of 3 Flats great investment for a landlord.

We are pleased to present a unique investment opportunity in the form of a three-flat building, ideally situated on the outskirts of the Bridlington town centre. This property comprises one one-bedroom flat and two two-bedroom flats, all requiring varying degrees of care and attention. Perfect for renovators or investors with a vision, this property promises significant potential for transformation and excellent rental yield.

Property Features:

Flat 1: A cozy one-bedroom flat, ideal for single occupants or couples. This unit features a well-sized living area, a kitchen, a bedroom, and a bathroom. While in need of some refurbishment, it offers a blank canvas for customization. PLUS with the propertys rear garden this would make a superb Garden Flat.

Flat 2: A two-bedroom flat, perfect for small families or professionals. This unit includes a living room, a separate kitchen, two bedrooms, and a bathroom. With some modernization, this flat could become a highly desirable living space.

Flat 3: Another two-bedroom flat with a verstile layout, offering living space and potential. This unit also requires updating but holds great promise for an attractive rental or resale property.

Location:
Situated on the outskirts of Bridlington town centre, this property enjoys the best of both worlds - the convenience of town amenities and the tranquility of a suburban setting. Local shops, restaurants, and public transport links are within easy reach, making it a prime location for tenants.

Investment Potential:
This property is ideal for those with a renovator's drive, offering the chance to significantly increase its value through refurbishment. With the demand for rental properties in Bridlington steadily rising, this building presents a lucrative investment opportunity.

Additional Information:

Total Building Area: Over 1800 sq ft
Tenure: Freehold
Parking: On Street
Garden: Reasonable size garden
Potential Total Rent: £1650 PA
Each Flat Council Tax Band A.
Flat 1 EPC - E
Flat 2 EPC - D
Flat 3 EPC - E
To truly appreciate the potential this property holds, viewing is highly recommended. Please contact Harris Shields Collection, Bridlington to schedule a viewing or to request further details.

What this property offers

  • Development Opportunity
  • Fully Managed Property
  • Garden
  • No Onward Chain
  • Parking and/or Driveway

Stamp duty due

Based on a sale price of £100,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

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Further Details

  • Status: Available
  • Tenure: Freehold
  • Tags: Development Opportunity, Fully Managed Property, Garden, No Onward Chain, Parking and/or Driveway
  • Reference: 593749

Location

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